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Bank credit grows 16.2% YoY, deposit rises 12.2%

According to the latest Reserve Bank of India data, bank credit remained flat fortnightly at ₹211.87 lakh crore while growing…

May 29, 2026 22:05 IST

ADB Upgrades India’s FY27 Growth Forecast to 6.9%: Strong Domestic Demand and EU Trade Pact Anchor Resilience

ADB raises India FY27 growth to 6.9%

The Asian Development Bank (ADB) has raised India’s GDP growth estimate for FY2026-27 to 6.9%, driven by robust private consumption…

April 11, 2026 01:24 IST

ADB Commits $4.26 Billion to India for 2025

ADB commits $4.26 billion in sovereign lending to India in 2025

The Asian Development Bank (ADB) committed $4.26 billion in sovereign lending to India in 2025, targeting PM-SETU, rooftop solar, and…

December 19, 2025 18:58 IST

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Maharashtra, MP, Gujarat to see new investments as India signs $800 million loans pacts with ADB

In Gujarat, the USD 109.97 million Skills Development Programme aims to equip the state’s workforce with industry-aligned, advanced skills to…

November 29, 2025 19:22 IST

ADB has approved a $400 million loan in a results-based lending program to improve road connectivity in Maharashtra.

Asian Development Bank sanctions $400 million loan to boost road connectivity across Maharashtra

ADB approved a $400 million loan to upgrade nearly 2,900 km of roads in Maharashtra, improving connectivity in 34 districts…

November 25, 2025 16:21 IST

ADB forecasts India’s GDP growth at 6.5% for FY26 and FY27

ADB projects India’s growth at 6.5% for FY26 and FY27 amid global trade uncertainty

The Asian Development Bank (ADB) projects India’s economy to grow 6.5% in FY26 and FY27, supported by strong investment and…

September 30, 2025 10:18 IST

ADB Trims India's FY26 Growth Forecast to 6.5% Citing US Tariffs, Trade Uncertainty. (Image Source: Twitter)

ADB cuts India’s FY26 growth forecast to 6.5%

The Asian Development Bank (ADB) has lowered India’s GDP growth forecast for FY26 to 6.5% from 6.7%, attributing the revision…

July 23, 2025 23:29 IST

ADB Pledges $10 Billion for India's Urban Transformation Over Five Years. (Image Source: Freepik)

ADB announces $10 billion funding for India’s urban projects

The Asian Development Bank (ADB), led by president Masato Kanda, has announced a landmark five-year initiative to invest $10 billion…

June 2, 2025 09:10 IST

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India seeks suspension of financial aid by Asian Development Bank to Pakistan: Report

India has also called on the International Monetary Fund (IMF) to review its disbursements to Pakistan.

May 5, 2025 16:22 IST

ADB revises India’s growth outlook higher to 7%, inline with RBI’s FY25 projection

The Asian Development Bank has revised India’s GDP growth forecast for the current fiscal to 7 per cent from 6.7…

Updated: April 11, 2024 13:11 IST

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Govt, ADB ink USD 23 million loan pact to strengthen fintech ecosystem in India

As per the loan agreement, a fintech institute will be set up at GIFT City. The pact was signed by…

March 14, 2024 18:50 IST

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Cash-strapped Pakistan secures $658M ADB package

The ADB approved the financing package under three different loans. These include USD 300 million for improving domestic resource mobilisation;…

December 7, 2023 16:21 IST

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ADB’s USD 125 million loan to L&T Finance aims at empowering women, farmers and MSMEs in India

According to ADB, the funding package, consisting of a USD 125 million loan from ADB and an agreement to syndicate…

November 24, 2023 17:37 IST

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Policy and data support can boost MSMEs’ role as drivers of future growth: ADB report

As per the report, the average lending to MSMEs in these countries was 10.6 per cent of the country’s gross…

October 24, 2023 18:41 IST

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ADB sees developing Asia’s growth remaining solid amid risks

ADB cited three main risks to the outlook — impact of the weakness in China’s property sector, sporadic supply disruptions…

September 20, 2023 10:26 IST

Bold reforms underway for new challenges, says ADB president

The statement assumes significance given that India’s G20 presidency has accorded high priority to the plan to bolster capital base…

September 8, 2023 04:45 IST

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Global trade finance gap at record $2.5 trillion amid rising interest rates, inflation, geopolitical volatility: ADB

The survey noted that the demand for trade finance surged on the back of a sharp recovery in global goods…

September 6, 2023 11:59 IST

ADB retains India’s growth forecast at 6.4 per cent for current fiscal

In an update to its Asian Development Outlook, the ADB said inflation is expected to continue to fall, approaching pre-pandemic…

Updated: July 19, 2023 09:36 IST

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